depreciation

Reports on depreciation See all

Feb. 24, 2016: a currency exchange office in London: the British pound continued to fall against the dollar over concerns on the economy and Brexit fears (source: dpa)

Exchange rates: a race to the bottom

Trying to predict how exchange rates will evolve during the rest of the year is a futile exercise. For different reasons, the world’s major central banks are all doing their best to weaken their own currencies.

Summary

<i>In the United States, the Federal Reserve is having second thoughts about resetting ...

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